Crypto news

The U.S government has partnered Johnson & Johnson and Moderna to facilitate the production of the possible COVID-19 vaccine in large quantities.The government of the United States of America alongside Johnson & Johnson (NYSE: JNJ) and Moderna Inc (NASDAQ: MRNA) have partnered to produce in more substantial amounts possible vaccine for COVID-19 before the real vaccines hit the market. As per report, the U.S. government is also working to partner with not lesser than two other...

Five pharmaceutical companies across the globe lead the race in producing the first approved COVID-19 vaccine. Wall Street is likewise on alert for banking on the first company to produce an efficient one.As the battle against the spread of coronavirus outbreak across the world intensifies, many companies are working to put themselves at the forefront in producing viable COVID-19 vaccine.Producing a vaccine for human testing and adoption to address the Coronavirus outbreak remains as crucial...

Ether mining, bitcoin mining… At the end of the day, for companies like HIVE, it’s all part of the same process: extracting new coins and placing them on the market to be sold, traded and hodled if need be.HIVE Expands Its Mining PowerThat’s why an ether mining company has just purchased a bitcoin mining firm. Sure, the coins may be different, but if the technology and the methods of extraction are virtually the same, why the heck not?The company making the purchase is known as HIVE...

Tesla seems to be an all-weather stock. It could still remain a leading stock during this turbulent period for several reasons. Despite the recent fall, today TSLA is up.Tesla Inc (NASDAQ: TSLA) stock seems to be a great choice during downtrends. This is because the stock price turns out to do better under pressure. This particular characteristic has been monitored by both fans of the stock and foes alike. Tesla (TSLA) surged by about 23% last week. One thing to note though was that though...

General Electronic workers protest at the company’s headquarters after the announcement of a possible lay-off. However, GE stock shows a positive tendency.Amidst the coronavirus pandemic, the world has been forced to experience an economic recession with prices of commodities in the international market crashing day by day as multinational firms are experiencing a hard time as well. General Electric (NYSE: GE) is one of the many multinational firms hit by the pandemic. It has also had to deal...

The digital dollar was recently cast out of the United States’ $2 trillion economic stimulus package designed to boost the country’s infrastructure following damage caused by the coronavirus.The Digital Dollar Could Have Done So MuchMany analysts agree that the notion of a digital dollar would likely be of great aid to bitcoin and the crypto industry, and that regulators initially missed a huge opportunity to support one of the finance world’s biggest tools.While the idea of digital dollar...

The unexpected COVID-19 outbreak is delaying the adoption of Russia’s legislation “On Digital Financial Assets,” according to a government official. However, he outlined that the law is completed. It will define cryptocurrency usage in the country, but it will also ban them from being used as a means of payment.Russia Postponing Crypto Law (Again)Russia’s law regarding digital usage in the country has been discussed since early 2018, according to Anatoly Aksakov, head of the Duma committee on...

Ford (F) stock price is unstable while the company is preparing to produce 50,000 GE ventilators in collaboration with Generic Electric to help coronavirus patients.Ford Motor Company (NYSE: F) stock fell 3.08% on March 30, to trade at $5 per stock. But today it is trading with a 1.39% rise at $5.10. As with most U.S. stock markets at the moment, Ford (F) stock has recovered from the previous free fall thanks to the coronavirus stimulus package meant to cushion the market from further...

Bitcoin (BTC) and the general cryptocurrency markets are yet to fully recover from the massive sell-off on March 12, which left traders and hodlers scratching their heads as they watch the entire gains so far in 2020 being wiped off the board.  Data gathered at that time suggested that the majority of sellers who rushed to sell their coins due to panic did so at a loss. The report further revealed that hodlers who had kept their BTC holdings in personal wallets started un-hodling by moving...

Market volatility remains high. That we’re in a recession is not a matter of doubt. At this point, it’s a question of mitigating its severity.Market volatility remains high as the Trump administration continues to address itself to the COVID-19 pandemic and its economic consequences. A degree of guarded confidence and corresponding gains have, however, arrested the marked drops in the S&P 500 and Dow, thanks to the approximately 2 trillion-dollar stabilization package currently being...